Private Equity
The sale of Uganda’s fifth largest bank, which started as a DFI to become a fully-fledged corporate and retail lender, values the company at nearly $100m.
3 min read · 20 September 2013
The C$14.7bn pension has plans to grow its private equity allocation from 4.5% to 15% during the next few years.
2 min read · 20 September 2013
The $11bn retirement system can spend the co-investment capital with its existing private equity and infrastructure managers, without waiting for approval from the board.
2 min read · 20 September 2013
Michael Riak, who worked at Verizon for 17 years building an ‘innovative’ structure into the defined contribution programme for employees, will join the fund investor to help expand products to that market.
2 min read · 20 September 2013
The Alberta-based pension system, which aims to shift all its private equity activity to direct investments, is the latest Canadian pension to set up shop in the UK.
2 min read · 20 September 2013
Last year, the EIF invested €1.35 billion in 63 European private equity funds. Most recently, it was one of the backers of NorthEdge Capital, a first-time fund focused on the north of England, which closed on £225 million in April. PEI asked principal Edward Claessen whether the EIF’s approach has changed since the financial crisis
3 min read · 20 September 2013
TPG’s five-year fundraising total is well down on the equivalent figure from 12 months ago – but it’s still outpacing all its private equity rivals
2 min read · 20 September 2013
Our Research & Analytics team’s exclusive like-for-like ranking of private equity direct investment programmes suggests the mega-firms are not quite as dominant as they once were.
3 min read · 20 September 2013
As the global pool of capital available to private equity has dried up, some GPs are having to shrink their business. But what are the potential pitfalls of scaling back like this?
3 min read · 20 September 2013
The UK’s new social investment bank wants established GPs to set up socially-oriented funds – and it’s keen to provide cornerstone funding to make it happen
3 min read · 20 September 2013